NEW YORK (Reuters) - Bank of America Corp Chairman and Chief Executive Officer Brian Moynihan received a 7 percent pay cut in 2014, a source familiar with the matter said on Tuesday, as the bank's full-year profit fell 58 percent on higher legal settlements...

Three of the top 20 investors in Herbalife Ltd liquidated their positions during the fourth quarter when the nutrition and weight loss company missed Wall Street earnings estimates, but Soros Fund Management increased its holdings by roughly 80 percent, regulatory filings show...

Union pension fund adviser CtW Investment Group on Friday demanded in a letter to key McDonald's Corp directors that the struggling fast-food chain follow up its recent chief executive officer replacement with a turnover of its board...

(Reuters) - Two senior executives at JPMorgan Chase & Co who are connected to an investigation into its hiring practices in Asia will exit the bank, the Wall Street Journal reported, citing people with knowledge of the matter...

(Reuters) - Deutsche Bank said it expects Citigroup Inc to buy back $1 billion in shares every quarter and other U.S. banks to modestly boost dividends and share buybacks as part of their capital deployment plans under the Federal Reserve's stress test...

Goldman Sachs Group Inc is trying to convince investors that its business model is more eclectic than meets the eye. On Tuesday morning, Goldman Chief Executive Lloyd Blankfein plans to give a presentation that paints his bank as one that earns steadier profits than peers, and delivers them through sundry business lines...

The top leadership at Jefferies just made an incredibly classy move. After a challenging year, CEO Richard B. Handler and Chairman Brian Friedman have both decided to decline their $2.17 million cash bonuses, according to a new filing, via Bloomberg...

DuPont has interviewed activist investment firm Trian Fund Management LP's slate of directors, including its founder Nelson Peltz, according to people familiar with the matter, a step that could lead to a compromise with the chemical company over the composition of its board...

Hedge fund Barington Capital Group filed preliminary proxy statements with the U.S. Securities and Exchange Commission and is proceeding with a proxy contest to elect three alternative directors to the board of OMNOVA Solutions, the documents show...

HOUSTON (Reuters) - Steve Farris, who retired on Tuesday as Apache Corp's chief executive, stands to collect about $12 million in salary and bonus over the next three years as part of his retirement package...

Post Holdings executive chairman Bill Stiritz has added to his stake in Herbalife. Stiritz, who is Herbalife's biggest individual shareholder, has added to his 8.2% position in Herbalife during the stock's recent pullback, according to a report from CNBC's Scott Wapner. Wapner, citing sources, also reported that Stiritz hasn't sold a share of his stake in the company. Earlier this month ...

(Reuters) - Family Dollar Stores Inc's shareholders approved the discount retailer's deal to be bought by Dollar Tree Inc , effectively putting Dollar General Corp out of the race to buy the company....

An activist investor group said it is withdrawing a shareholder resolution that called for Bank of America to have an independent board chair, easing some of the pressure the bank faced after giving its Chief Executive Brian Moynihan the additional title of chairman last year...

NEW YORK (Reuters) - Goldman Sachs Group Inc had to write down its loan to the troubled Portuguese bank Banco Espirito Santo SA in the fourth quarter, cutting the bank's profit and some employees' bonuses, people familiar with the matter told Reuters...

ZURICH (Reuters) - The takeover of U.S. candymaker Russell Stover will fuel growth for Swiss chocolate maker Lindt & Spruengli after strong demand for premium products boosted sales in 2014, the company said on Tuesday...

Some investors are unhappy with the decline of Twitter's stock price and the failure of the company to grow its monthly active users, and they are discussing whether Twitter would be better off without its CEO, Dick Costolo....

(Reuters) - Activist investor Nelson Peltz, one of DuPont's largest shareholders, stepped up his fight to break up the industrial conglomerate, as his Trian Fund nominated himself and three other members to the board...